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What Be De 10% Betting Tax Wey Ghana Pass Into Law

Ghana President Akufo-Addo sign three new tax bills wey Parliament pass into law. De three new taxes, Excise Duty Amendment tax, de Growth and Sustainability Levy tax and de Income Tax Amendment Bill dey form part of government plans to generate revenue as de country dey go through economic crisis.

But among de three new taxes, de income tax amendment bill which dey impose 10% tax on lottery and sports betting winnings dey vex de youth. Despite say youth group who dey call diaself Concerned Bettors of Ghana (CBOG), ask govment to withdraw de bill, Ghana Finance Minister, Ken Ofori Atta say de passage of de new taxes be key to de long awaited $3 billion IMF loan.

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